Hong Kong Stock Market Morning Review: The three major indices opened lower, technology stocks declined, AI "duo" active, and gold stocks generally rose.

2026-02-24 04:42:07

U.S. stock market’s three major indices all fell more than 1% overnight. The three major Hong Kong stock indices, which surged significantly yesterday, opened lower. The Hang Seng Index dropped 0.62%, the Hang Seng China Enterprises Index fell 0.73%, and the Hang Seng Tech Index declined 1.02%. Most heavyweight tech stocks declined, with Baidu, Alibaba, and Xiaomi all down over 1%. Real estate, wind power, and shipping stocks also declined. AI application “duo” giants Zhipu and MINIMAX-WP both opened more than 2% higher. Geopolitical tensions increased risk aversion, leading to most gold stocks rising. (Gelonghui)

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